Scrutinizer Report for the Postal Ballot dated 28.01.2026
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Awaiting price reaction for this filing.
Softsol India Limited (BSE Scrip Code: 532344) conducted a postal ballot via remote e-voting to seek shareholder approval for changing the company's name to 'Madala Holdings Limited', along with corresponding alterations to the Memorandum and Articles of Association. The e-voting window ran from December 30, 2025 to January 28, 2026. A total of 39 members cast 45,65,251 valid votes, with 31 members voting in favour (4,56,52,49 votes) and only 2 members voting against (just 2 shares). The promoter group voted 100% in favour (12,34,517 of 1,08,47,240 shares they hold), and public non-institutions voted 99.9999% in favour (33,30,732 of 33,30,734 polled shares). The Special Resolution was passed with the requisite majority, as confirmed by scrutinizer B S S & Associates, Company Secretaries.
The company will now apply to the Registrar of Companies and other regulators to formally change its name to Madala Holdings Limited. Once approved, the stock will trade under the new name on BSE, though the scrip code (532344) is likely to remain unchanged. This is primarily a branding/restructuring step and is not expected to affect share value, but investors should watch for the formal name change announcement.